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helping_user

It's really sad to see that fraud cases in Indiana are increasing day by day. But what we can do? The only solution is to be more cautious while selecting lender.

The borrowers should look for the company license information, profiles and detail information (like surety bond etc), whether written agreement is provided or not etc.

I was reading through one such fraud case by a company in Indiana. The Reinisch and My House Saver, as it is called, is a Credit Service Organization charged for misleading borrowers with false promises.

As per the Indiana's Credit Service Organization Act and Indiana's Deceptive Consumer Sales Act, the company is charged for:

The organization failing to obtain a surety bond for the amount of $10,000.
Not able to provide a written contact to the consumers.
Calling itself as a broker without having proper license.

The court ordered the company to pay $3,000 as consumer compensation and $82,000 as cost and penalties.

Source: consumeraffairs.com

Guest

It sometimes becomes really difficult to ascertain who would be the right company to deal with.

your information will certainly help people make the right decision.

Guest

Guest

karen got my family too she took $3000.00 of my money and told me that My home would be safe one day i was at home and the Sherrif removed my family right out of my home right under my nose ....Too bad I had no knowledge of this lawsuit I would have been there. Now the statute oif limitations are up it has been three years ago that she duped my family .I tried to get a hold of her regarding this matter and she was not to be found ...I hve no respect for what she has done and what she has done to others I hope she gets all she deserves. But still it will not be enough, all she had to do is to pay the mtg co what I owed and she did not do that I only was behind $1500.00 but she took $3000.00 from me

gmakerley · Posted: Sat Mar 21, 2009 6:55 am Post subject:

denetia, who is karen? is this the same company that was noted in the original post by "helping user"? is this a different person or company? it helps to know who the bad guys are so we can distinguish between them and the good guys.

i feel for you in your loss.

can you provide a little more detail?

JKennedySLG · Posted: Mon May 04, 2009 9:24 pm Post subject:

We thank you for your post and hope this may help others avoid this company. Denetia, please clarify whom you are referring to in your post as George said. This community is always growing and we all benefit greatly from this type of information.

Guest

Karen Reinisch is the name of the person who duped me and my family do I stiull have a case against her... 317-833-2936

smithsussane · Posted: Mon Oct 10, 2011 9:48 pm Post subject:

Hi Denetia!

Welcome to forums!

Was it some kind of a mortgage scam?

Sussane

Posted: Fri Dec 23, 2011 12:12 pm Post subject: response to Denetia Wooodruff

Denitia: I worked for Karen Reinisch. you owed a lot more than $1,500 to your mortgage company and the fee charged to you was $750. Why would you claim to pay $3,000 if you only owed $1,500? It does not make sense. Karen helped 100s of people and a few unhappy clients that broke their contracts and did not listen to her advice formerly complained at a time it was popular to erroneous fault with many in this type of business. Before you make slanderous remarks in the future make sure your facts are straight and don't appear to be gold digging.

Posted: Fri Dec 23, 2011 6:20 pm Post subject: karen reinisch/ my house save

Karen actually saved my house. Your numbers are not correct. First that case referred to would have had to happened in 2004. She has not worked since 2005 due to a very serious car accident. The most denitia would have paid was 750.00. Karen just worked out agreements with banks for a fee, she never made mortgage payments for people. Someone may have been using her company name to scam people. Now if someone else used her company name, they could have charged some other fee. I know her case has been heard and settled long ago. Karen only tried to help when mortgage companies were riping people off. She negotiated with them and never made anyone any firm guarantees. There are many people out there who are very greatful to Karen. Unfortunately a few could not be helped and of course they are complaining loudly when most likely their situation was to far gone to be helped. Folks sometimes waited to long to be helped. I am sorry that you were burned but the Karen I know was out of business long before the dates that you mentioned.

jameshogg · Posted: Thu Dec 29, 2011 12:51 am Post subject:

Thank you for sharing your experience with the community members!! Smile

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